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<br />State of Nebraska Space Above This Line For Recording Data
<br />- DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. 07.19.2005...... _ _ ... , , . , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />KEVIN NETH, AN UNMARRIED PERSON
<br />P.O. BOX 50
<br />DONIPHAN, NE 68832
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: BANK OF DONIPHAN
<br />BOX 270
<br />DONIPHAN, NE 68832
<br />BENEFICIARY: BANK OF DONIPHAN
<br />Organized and existing under the laws of the state of Nebraska
<br />P 0 BOX 270
<br />DONIPHAN, NE 68832.0270
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: PART OF LOTS 6 AND 7, IN BLOCK 15, OF CHARLES WASMER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS TO -WIT: COMMENCING AT THE NORTHWESTERLY CORNER OF LOT 6, BLOCK 15, IN CHARLES WASMER'S ADDITION TO
<br />THE CITY OF GRAND ISLAND, NEBRASKA, RUNNING THENCE IN SOUTHERLY DIRECTION ON THE WESTERLY LINE OF SAID LOT FOR A DISTANCE OF 60 FEET;
<br />THENCE TURNING A RIGHT ANGLE AND RUNNING IN AN EASTERLY DIRECTION AND PARALLEL WITH THE NORTHERLY LINE OF LOTS 6 AND 7, IN BLOCK 15, OF
<br />CHARLES WASMER'S ADDITION, FOR A DISTANCE OF 60 FEET; THENCE TURNING A RIGHT ANGLE AND RUNNING IN A NORTHERLY DIRECTION FOR A DISTANCE
<br />OF 26 FEET; THENCE TURNING A RIGHT ANGLE AND RUNNING IN AN EASTERLY DIRECTION PARALLEL TO THE NORTHERLY LINE OF LOT 7, FOR A DISTANCE OF
<br />20 FEET TO THE EASTERLY LINE OF THE WESTERLY 112 OF SAID LOT 7; THENCE TURNING A RIGHT ANGLE AND RUNNING IN A NORTHERLY DIRECTION ON THE
<br />EASTERLY LINE OF THE WESTERLY 112 OF SAID LOT 7, FOR A DISTANCE OF 34 FEET TO THE NORTHERLY LINE OF LOT 7; THENCE TURNING A RIGHT ANGLE
<br />AND RUNNING IN A WESTERLY DIRECTION ON THE NORTHERLY LINE OF SAID LOTS 6 AND 7 FOR A DISTANCE OF 80 FEET TO THE PLACE OF BEGINNING.
<br />The property is located in ............................... 119GG. ............................... at S. ? 17 S TILD
<br />........ ............................... .
<br />17
<br />(County)
<br />............................. ............................... . ................... GR ANP . ISIA NO.................. , Nebraska ........6.............
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 49,5025 ........... ............................... This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page f of 4)
<br />M ©1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />
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